A stock has returns of 18 percent 15 percent -21 percent


A stock has returns of 18 percent, 15 percent, -21 percent, and 6 percent for the past four years. Based on this information, what is the 95 percent probability range of returns for any one given year?

a. -31.00 to 40.00 percent

b. -47.68 to 54.68 percent

c. -71.73 to 71.73 percent

d. -24.60 to 31.80 percent

e. -13.56 to 20.56 percent

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Financial Management: A stock has returns of 18 percent 15 percent -21 percent
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